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Support is around 1.3080

25 July 2016, GBP/USD

Daily chart: support is around ​​the bottom Bollinger band (1.2826), where today the price will apparently lower.

Support is around 1.3080

Н4: a horizontal omnidirectional corridor within the Bollinger envelopes (1.3066-1.3275)

Support is around 1.3080

Н1: a little better expressed Support 1.3080 (the bottom Bollinger band). Resistance is at 1.3146 (upper band).

Support is around 1.3080

The main scenario - decline to 1.3080 followed by an upward bounce to 1.3146

The alternative scenario - a breakthrough below in the direction of 1.30

Solutions: 1 . Sell to 1.3080 2. We consider the buy signals around ​​1.3080

Aleksey Panasenko
Analyst of «FreshForex» company
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